This article is reprinted by permission from NerdWallet. You and your soon-to-be ex have two basic options: If you stay, there are two ways to handle the mortgage.

If you sell your home and pay off your mortgage, you can put both behind you. You can also use the profits to pay down other shared debts. However, if your home appreciated substantially while you owned it, you might owe capital-gains taxes on the proceeds.

And depending on the state of your local housing market, you might not be able to sell your home for a profit. If you still owe a balance on your mortgage after the sale, you and your soon-to-be ex-spouse will need to decide how to best pay it off, unless the bank approves a request to release you from liability. Perhaps you want to retain some sense of normalcy for your kids, or you have an underwater mortgage. If you refinance the mortgage, the new home loan will be in your name only with new terms based on your creditworthiness alone.

The interest rate and monthly payments on a refinance could become more expensive. You can also try to assume the existing mortgage without refinancing.

If you go this route, the lender will still need to determine your individual creditworthiness. In this case you would also need a quitclaim deed; otherwise your ex-spouse would still have rights to the home. For instance, in the event of the sale, he or she would be entitled to a portion of the proceeds.

More important, as a practical matter, almost no bank would allow one person to assume a mortgage without also having sole ownership of the home. The ease javascript remove items from select list which this can be done varies.

Sometimes divorce et stock options can be done for a few hundred dollars. It can be tough to keep a clear head during this emotional, tumultuous time, but you should still be making rational decisions about your finances.

Social Security, marriage and divorce - MarketWatch

Understanding your options can help you and your soon-to-be ex-spouse make the right financial divorce et stock options. This advertisement is provided by Bankrate, which compiles rate data from more than 4, financial institutions.

Bankrate is paid by financial institutions whenever users click on display advertisements or on rate table listings enhanced with features like logos, navigation links, and toll free numbers. Dow Jones receives a share of these revenues when users click on a paid placement. By using this site you agree to the Terms of ServicePrivacy Policyand Cookie Policy.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.

How to Plan for a Divorce - WSJ

Stock market dtc data delayed at least 15 minutes or per exchange requirements. ET This is the exact right way to call in sick to work.

Chicago Fed President Discusses Timing of Rate Increases. Opinion Service industries could use a disrupter like Amazon. A Closer Look at Chris Wray, Trump's Pick to Lead FBI. How to protect your family members — or yourself — from elder abuse. Money CAN buy happiness, if you spend it right.

When Jews Divorce: Frequently Asked Questions | icoqerum.web.fc2.com

Forget ping pong, this is the hot new work perk. Updated Uber CEO Travis Kalanick steps down after shareholder revolt.

Corrected Oil finishes at a 9-month low, in bear-market territory. Home News Viewer Video SectorWatch Podcasts First Take Games Portfolio My MarketWatch. Retirement Retire Here, Not There Encore Taxes How-to Guides Social Security Estate Planning Events Columns Robert Powell's Retirement Portfolio Andrea Coombes's Working Retirement Tools Retirement Planner How long will my money last?

Economy Federal Reserve Capitol Report Economic Report Columns Darrell Delamaide Rex Nutting Tools Economic Calendar.

My MarketWatch Watchlist Alerts Games Log In. Until New York Markets Open Market Snapshot Analyst Ratings. What to do about your home in a divorce. Sell the home and pay off the mortgage If you sell your home and pay off your mortgage, you can put both behind you.

One spouse keeps the home Perhaps you want to retain some sense of normalcy for your kids, or you have an underwater mortgage.

Splitting Up Stock Options in a Divorce - WSJ

Powered by This advertisement is provided by Bankrate, which compiles rate data from more than 4, financial institutions. Other News From Our Partners. APR Last Week 6 Months Low Interest We Want to Hear from You Join the conversation Comment. MarketWatch Site Index Topics Help Feedback Newsroom Roster Media Archive Premium Products Mobile. Dow Jones Network WSJ.